Stocks on Tech Trader

Summary:

We're going long here after the sharp two-day selloff as SPGI offers strong value with analysts maintaining high price targets well above current levels.

The stock has been volatile since the February earnings miss and weak 2026 guidance, but the business fundamentals remain intact—consistent revenue and FCF growth, aggressive share buybacks, and positive steps in AI tools plus private markets data expansion. At around $414 it's down over 20% from recent highs and sits at an attractive entry compared to targets in the $500+ range from firms like Morgan Stanley and Stifel.

Technically we're near the upper end of the post-February range with support around $400-410 from prior bounces. Volume on today's drop wasn't extreme, and there's no fresh negative catalyst—likely just profit-taking and positioning ahead of Q1 earnings on April 28. History shows mostly positive post-earnings reactions except for the last one, and management has been executing on the Mobility spin plan for mid-2026 which should unlock further focus and value.

Our recent swing trades in this name worked when we bought dips near $417-418 and sold strength; this pullback to similar levels after the April 8 high near $437 looks like another setup with favorable risk/reward. We're trading real capital so position size is prudent with a stop below the February lows if needed, but the asymmetric upside into a potential recovery and earnings beat makes this the right move over sitting in cash or fighting the longer-term trend by shorting a quality compounder. Patient holders are being rewarded with buybacks at these prices, and we're positioned to benefit.